Victor Mendelson - Heico CEO

HEI Stock  USD 273.37  1.94  0.71%   

CEO

Mr. Victor H. Mendelson is CoPresident, Director of the Company., President and Chief Executive Officer of the HEICO Electronic Technologies Group, a subsidiary of the Company. He was associated with the Company since 1990, serving in various capacities. Mr. Mendelson has served as our CoPresident since October 2009 and served as our Executive Vice President from 2001 through September 2009. Mr. Mendelson has also served as President and Chief Executive Officer of the HEICO Electronic Technologies Group since its formation in September 1996. He served as General Counsel of the Company from 1993 to 2008 and Vice President of the Company from 1996 to 2001. In addition, Mr. Mendelson was the Chief Operating Officer of the Companys former MediTek Health Corporation subsidiary from 1995 until its profitable sale in 1996. Mr. Mendelson is a cofounder, and, since 1987, was President of Mendelson International Corporationrationration, a private investment company, which is a shareholder of HEICO. Mr. Mendelson is a former Director and Audit Committee member of NASDAQlisted Terrapin 3 Acquisition Corp since 2009.
Age 57
Tenure 15 years
Address 3000 Taft Street, Hollywood, FL, United States, 33021
Phone954 987 4000
Webhttps://www.heico.com
Mendelson is a Trustee of Columbia University in the City of New York, a Trustee of St. Thomas University in Miami Gardens, Florida, a Director of Boys & Girls Clubs of MiamiDade and is a Director and Past President of the Board of Directors of the Florida Grand Opera. Victor Mendelson is the son of Laurans Mendelson and the brother of Eric Mendelson. Victor Mendelson is considered an “inside” director under NYSE rules.

Heico Management Efficiency

The company has Return on Asset of 0.0786 % which means that on every $100 spent on assets, it made $0.0786 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.1444 %, implying that it generated $0.1444 on every 100 dollars invested. Heico's management efficiency ratios could be used to measure how well Heico manages its routine affairs as well as how well it operates its assets and liabilities. As of now, Heico's Return On Capital Employed is decreasing as compared to previous years. The Heico's current Return On Assets is estimated to increase to 0.06, while Return On Tangible Assets are projected to decrease to 0.11. As of now, Heico's Other Current Assets are increasing as compared to previous years. The Heico's current Total Current Assets is estimated to increase to about 2.2 B, while Net Tangible Assets are forecasted to increase to (1.3 B).
Heico has 2.5 B in debt with debt to equity (D/E) ratio of 0.09, which may show that the company is not taking advantage of profits from borrowing. Heico has a current ratio of 3.06, demonstrating that it is liquid and is capable to disburse its financial commitments when the payables are due. Note however, debt could still be an excellent tool for Heico to invest in growth at high rates of return.

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HEICO Corporation, through its subsidiaries, designs, manufactures, and sells aerospace, defense, and electronic related products and services in the United States and internationally. HEICO Corporation was incorporated in 1957 and is headquartered in Hollywood, Florida. Heico Corp operates under Aerospace Defense classification in the United States and is traded on New York Stock Exchange. It employs 5600 people. Heico (HEI) is traded on New York Stock Exchange in USA. It is located in 3000 Taft Street, Hollywood, FL, United States, 33021 and employs 9,600 people. Heico is listed under Aerospace & Defense category by Fama And French industry classification.

Management Performance

Heico Leadership Team

Elected by the shareholders, the Heico's board of directors comprises two types of representatives: Heico inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Heico. The board's role is to monitor Heico's management team and ensure that shareholders' interests are well served. Heico's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Heico's outside directors are responsible for providing unbiased perspectives on the board's policies.
Elizabeth Letendre, Corporate Secretary
Alan Schriesheim, Independent Director
Victor Mendelson, Co-President, Director, Member of Environmental, Safety and Health Committee, CEO of Heico Electronic Technologies Group and President of Heico Electronic Technologies Group
Thomas Culligan, Independent Director
Steven Walker, Chief Accounting Officer, Assistant Treasurer
Mark Hildebrandt, Independent Director
Steven CPA, Chief Treasurer
Carlos Macau, Chief Financial Officer, Executive Vice President, Treasurer
Laurans Mendelson, Chairman of the Board, Chief Executive Officer and Director
Julie Neitzel, Independent Director
Frank Schwitter, Independent Director
Thomas Irwin, Senior Executive Vice President
Eric Mendelson, Co-President, Director, Member of Environmental, Safety and Health Committee, CEO of HEICO Flight Support Group and President of HEICO Flight Support Group
Adolfo Henriques, Independent Director
Joseph Pallot, General Counsel

Heico Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Heico a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Currently Active Assets on Macroaxis

When determining whether Heico offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Heico's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Heico Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Heico Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Heico. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
For more detail on how to invest in Heico Stock please use our How to Invest in Heico guide.
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Is Aerospace & Defense space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Heico. If investors know Heico will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Heico listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.311
Dividend Share
0.21
Earnings Share
3.42
Revenue Per Share
27.329
Quarterly Revenue Growth
0.373
The market value of Heico is measured differently than its book value, which is the value of Heico that is recorded on the company's balance sheet. Investors also form their own opinion of Heico's value that differs from its market value or its book value, called intrinsic value, which is Heico's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Heico's market value can be influenced by many factors that don't directly affect Heico's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Heico's value and its price as these two are different measures arrived at by different means. Investors typically determine if Heico is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Heico's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.